Politics

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Sterling trending points
Sterling had capped itself in a tight range between 1.2770-1.2875, further move is highly unlikely ahead of EU27 leaders meeting due this weekend
Proposed 26-page, Brexit political sentence might not make it through the House of Commons
Sterling gets more sclerotic, as political noises are increasing
As...

GBP trending points
GBP soaring, EU and UK agreed to future ties
Challenges wobbling ahead, as the agreed document might not make it through the House of Commons
Euro resilient, as political turmoil remained incendiary
GBP soaring, bolting upwards, as EU-UK agree to future ties
During the Asia Pacific and...

EURO and USD trending points
Amidst concerns of global economic growth, US/China trade war, tech stock wobbling, USD has still been holding its key support, currently residing just over 96.00, however, buyers are stepping away.
OECD mentioned yesterday that the global growth is tumbling and financial risks are firing...

Brexit chaos still keeps GBP vulnerable to whiplashing, as PM Theresa May heads for Brussels
Salubrious Sterling may get stable, as PM May eschewed no-confidence vote
Sterling worries remain, as PM May heads towards Brussels
GBP volatility is likely to persist, as Brexit negotiation continues
Later on Wednesday, UK PM...

British Pound trending points
British pound has been eyeing the BoE governor Carney testimony amidst Brexit worries
BoE Governor Carney testimony could reinforce a hawkish dive, as a Brexit propping statement is anticipated
Aussies down along with ASX 200, Asia Pacific stocks fall followed by a failed APEC...

PM May pressing ahead despite emerging no-confidence vote issue
UK PM May pressing Brexit despite threat of a no-confidence vote, as she would be leaving for Brussels to meet EU officials before an urgent EU summit due November 25th
Sterling sluggishly pulsing back from last week’s sell-off, as FED’s...

Sterling still at risk, as sell-offs remain large
Sterling short-term outlook remains negative, as further cabinet resignations are expected
UK PM May likely to retain her power, yet back to back resignations from the cabinets put PM positioning in Jeopardy
DUP told that they would not be supporting the...

Italy is in massive argument with EU, as it rejected Italy’s high spending budget twice
As UK is preparing for Brexit and Italy is arguing with EU over its budget deficit, Euro is suffering heavily, currently residing at 1.1400 followed by a slight USD softening.
There is chance...

Germany economy shrinks in Q3
Rome and Brussels continue to be in a collision course
EURO and Pound may overlook UK GDP, as political turmoil in focus
EUR/USD stuck under 1.1300 on Italian budget debt and poor German growth data
According to the latest German GDP figures, the country economy...

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